Member Info for RedNinja

Added at 37p, it has a lot of potential profit makers in the medium term

Tangible Net Asset Value of the Group as at 31 August 2020 was 31p so a we may rise a little closer to that figure.

GPIM Limited acquired anther 1% of OMP according to todays RNS.

I see Berenberg raised their target for SGM to £1.90 on the 12th of October that seems more of a medium/long term target for me.

Bought back in at 117.5p.

Maybe should have been more patient. Time will tell.

Fair bit of red in market today.

Yes, it's more good news, but Covid-19 2nd wave is putting a dampener on the TU.

Peter,
Yes at 60p you are probably not over priced.
I've done the same, sold down 3 stocks yesterday and today.
Not necessary overpriced, but a bit volatile and with some signs that global markets are sliding it seems prudent.

Peter
Good luck .
There is an article on Afterpay in Online Mail which says it is too high a valuation.

https://www.dailymail.co.uk/news/article-8878353/Finance-experts-reveal-think-Afterpay-overvalued-stock.html

I'm staying out for the moment.

The markets are going negative on 2nd wave.
In the long run Thinksmart should continue upwards trajectory, but in short term there may be turbulence ahead.

Afterpay share price fallen to 95.98 AUD no wonder Thinksmart is tanking !

Hopefully your new investments will do as well as ALM although I would not bet on it.

This share just seems to get marked up with no buys listed or maybe they are about to appear.

I seem to be the only PI on this board holding.

Not really that jolly are you.
The share price rise yesterday seem to have brought long suffering holders out to sell.
However, from the AGM statement things have progressed better than expected, admittedly there is the second and perhaps further waves to survive.

Covid-19 is only starting it second wave so the pandemic is far from over.
However, OPM sounding a lot more encouraging than expected so bought some this morning.

From todays AGM statement :-

"In the current economic environment the performance of the Group's lending book and the resilience of its balance sheet are paramount. The Group is therefore pleased to report that arrears have been reduced by more than £5m since its financial year end on 31 May 2020. Furthermore, the rate of new arrears has continued to reduce month on month, trending back towards the pre-Covid-19 levels from the peak experienced at 31 May 2020. The Group has also seen the level of write-offs in these four months remain relatively static and the historical rate of recoveries on amounts previously written-off being maintained at 70 to 80 per cent. of the impaired value. The Group's balance sheet continues to demonstrate its resilience with both net tangible assets ("NTA") and cash having increased from the 31 May 2020 levels with unaudited NTA as at 30 September 2020 now in excess of £28m and unaudited cash balances as at the same date in excess of £2m.

While the economic outlook is extremely difficult to predict at the moment this continued de-risking of the lending book and steady progress back towards historic levels of performance is considered grounds for cautious optimism by the Board.

Could move upwards for RQIH today.
Can the rally continue ?

Not sure what the share price should be, but think it will eventually climb as RNSes come out.

I guess having a major share holder has its pro and cons.

However, Kestrel have been instrumental in the formation of IQGeo from Ubisense and have also steered the company in choosing CEO and CFO. All shareholder have and should continue to benefit from Kestrel's actions.

On a day like today seems a long time since Kestrel were buying these in the 60p although I acknowledge there are uncertain days ahead.

Aeternitas Imperium Privatstiftung are buying OPM see RNS.